Global Disposable Face Mask Market Is Anticipated To Witness Significant Growth Owing To Growing Pollution Levels And Rising Prevalence Of Airborne Diseases
Overview:
Disposable masks are made of polymers such as polypropylene, polyurethane, polyacrylonitrile, or polystyrene, and they are not biodegradable. There are ways to reduce the environmental impact of disposable face masks. One is to use cloth masks, which are easier to wash and dry than single-use ones. Other alternatives are to use reusable masks, which researchers are working on. They could be made of synthetic fabrics with lower environmental impacts than cotton, which uses a lot of water and land and requires agrichemicals to grow.
Market Dynamics:
Rising product launches are estimated to augment growth of the global Disposable Face Mask Market during the forecast period. For instance, the KF94 Face mask was launched by Maskc, in January 2022. This mask consists of four layers, two non-woven and melt blown central layers, a non-woven external layer, and a soft inner layer. Moreover, rising plastic waste and growing availability of substitute products is anticipated to restrain growth of the global disposable face mask for market during the forecast period.
Impact of COVID-19:
The pandemic was first reported in 2019 in China. The World Health Organization declared the pandemic as a global public health emergency. During the pandemic strict restrictions regarding health and hygiene were imposed globally. The pandemic also had a significant impact on the growth of several businesses around the world.
The Disposable Face Mask Market was valued at US$ 44.72 billion in 2022 and is anticipated to grow at a CAGR of -10.2% from 2023 to 2030 to reach US$ 21.45 billion.
Many nations imposed strict social distancing restrictions in many regions. Face masks and sanitizers were made compulsory in all regions. Thus, there was a huge demand for disposable face mask, during the pandemic. This had a positive impact on the growth of the global disposable face mask for market.
Key Takeaways:
The global Disposable Face Mask Market is expected to witness growth, exhibiting CAGR of 10.2 % over the forecast period, due to increasing product launches. For instance, Ezzigroup Inc.'s compostable surgical grade face mask has been approved by the Health Canada, in November 2021. These masks were manufactured in Canada and they are ASTM F-2100 certified.
North America is estimated to witness high growth in the global disposable face mask for market during the forecast period, due to growing geriatric population and increasing outpatient visits. Key players operating in the global Disposable Face Mask Market are Kimberly-Clark, Uvex group, SAS Safety Corp., 3M, The Gerson Company, Honeywell International Inc., Kowa Company Ltd, and Moldex-Metric Inc.
Comments
Post a Comment